216 JOHN Street North, Arnprior, Ontario K7S2N9
Listing courtesy of PAUL RUSHFORTH REAL ESTATE INC..
- $649,900
- List Price
- $649,900
- MLS®
- 1413423
- Days on Market
- 18
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Lot Size Dimensions
- 74.8 ft X 109.85 ft
- Subdivision
- Arnprior
Property Description
ATTENTION INVESTORS. OPPORTUNITY KNOCKS!! LEGAL FOURPLEX. This fantastic FOURPLEX in the prime location of BOOMING downtown Arnprior is a tremendous TURNKEY INVESTMENT with impressive financials yielding a 5.2+ CAP RATE. EXCEPTIONAL VALUE. Safely tucked away just steps from all amenities. Well maintained w/ plenty of updates make this beauty a diamond in the rough for multi-unit properties. A purpose built full brick FOURPLEX w/ 4 large 1 bedroom units. 3 Units have recently been fully renovated to modern standards and can bring in market rents of $1400+ or leverage your mortgage by living in one unit, rent the others OR perfect for MULTIGENERATION/FAMILY living. Prime location for easy renting w/ units in high demand for quality tenants. 1 Parking spot per unit. FANTASTIC TENANTS IN PLACE: Current rents #1- $728.04, #2- $1400, #3-$869.30, #4- $1300. Projected rents are $1400+ per unit. Low maintenance building. Metal Roof (fascia/gutters) 2022. Boiler 2022. Min 24hrs for showings. (id:5764)
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Additional Information
- Subdivision
- Arnprior
- Parking Spaces
- 4
- Cooling
- None
- Country
- Canada
- Flooring
- Tile, Hardwood, Mixed Flooring
- Sewer
- Municipal sewage system
- Heating
- Natural gas, Other
- Total Number Of Units
- 4
- Stories
- 2
